Day 2 of Bits & Pretzels: Munich startups everywhere

Bits & Pretzels has long been an international startup festival, but Munich startups still set the tone.

The Proptech Properbird is using the startup fair to once again explain the company's pivot. Co-founder Omar Dahroug (left in the picture) summarizes the development as follows: "We had a Check24 format and tried to offer the best offer by comparing real estate agents based on data." The challenge, he continues, was that selling a home is a very emotional and personal matter. Either you have the right contacts or the established digital real estate agents will strike. Instead of seeking funding to challenge these providers, the bootstrapped company decided to take a different approach. "We have all the data and we've been selling it on; that's how we've financed ourselves for the last year and a half," explains Dahroug. "So we're now going full-on beta sales. That means we've built a data platform that we can use to create a decision-making basis for banks and appraisers so they can properly track the market." For Properbird, the trade fair spree continues: The startup will be exhibiting at Expo Real next week. (Photo: M. Feigl / Munich Startup)
read more ↓